Fighting wars on the American credit card and promoting the false solution of "Trickle Down," Koch funded Tea Partiers would have you believe that slashing Social Security, a solvent program is productive.
T'ain't so!
From Just Scrap the Cap --
Let's talk turkey - specifically about those turkeys who want to cut Social Security benefits. Specifically—The members of the Supercommittee, who are once again looking to cut Social Security’s mechanism to keep up with inflation—the COLA—as it looks for a way to reduce the deficit by $1.5 trillion. But why are they looking there?
Social Security sure as heck doesn’t cause the deficit. Social Security's trust fund has a $2.6 trillion surplus right now. The program has enough income to pay everyone's benefits in full for another 25 years. If anyone tells you Social Security is going broke, they're blowing more smoke than a chimney. And cutting Social Security’s COLA would have a real impact on today’s retirees (as well as people with disabilities and other beneficiaries) — an impact that is illustrated in the video below, prepared by the Economic Opportunity Institute:
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Sunday, November 6, 2011
Pathetic Charade
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